MN health insurance exchange to cost $58.1 million in 2014

Star Tribune, May 31, 2013
The newly named board overseeing Minnesota's health insurance exchange got its first view into the finances of the operation on Wednesday, including the years 2015 and beyond when federal money dries up and the exchange must be fully self-supporting. Known as MNsure, the online marketplace is expected to cost $58.1 million to operate in 2014, with a heavy front-end investment in technology. The state will fund the operation with federal grants, a tax on premiums and matching federal funds that help pay for health care for poor and moderate-income families. It also could consider a one-year loan from the state, MNsure executive director April Todd-Malmlov told the board.

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